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According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The ...
Wall Street's main indexes were on track for a subdued opening on Wednesday as investors evaluated strong economic data and awaited a key inflation report that is expected to influence the U.S ...
Headline inflation is expected to have risen slightly in November to 2.7% from 2.6% in October. ... -Wall Street's main indexes closed lower on Tuesday as technology sector losses offset gains in ...
Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced expectations of a 25-basis-point rate hike by the Federal Reserve at its upcoming meeting. The Dow ...
Wall Street's main indexes fell in choppy trading on Thursday after a hotter-than-expected inflation print dampened hopes of early interest-rate cuts by the U.S. Federal Reserve. The benchmark S&P ...
Wall Street's main indexes ended higher in the previous session, with the S&P 500 closing at its highest level on record. The three major indexes are on track for their third straight week of gains.
Over the prior year, prices rose 2.7% in September, above Wall Street's expectations for 2.6% and in line with the 2.7% seen in August. On a yearly basis, overall PCE increased 2.1%, its slowest ...